Thursday, March 22, 2012

Scarcity of Helium


There is a lot of talk particularly in the US about a shortage of helium. However in Ireland at present there is no change with helium prices remaining the same for the past 2 years. At thebigparty.ie Ireland largest online party store the cost of inflating a standard helium balloon is €2.50. The balloon would tend to stay inflated for 2 weeks. Helium is as popular as ever with most party planners opting for the gas over air.

This quote from KTNX News in Texas shows that it is becoming a big issue there with an expectation that the cost of inflating a balloon could rise to $100!

'People looking to buy balloons for their children's birthday party could be find the process difficult and more expensive.The gas used to make balloons rise, helium, is becoming harder to get because it is becoming more scarce and because of an act that was passed by the federal government.In 1996, Congress passed the Helium Act requiring the U.S. government to sell off its reserves by 2015. After that, all helium will be provided by private companies.An expected shortage of helium could put a damper on children's parties.'

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